Pelican Energy Partners Acquires Springs ATG (Advanced Technology Group)

Blackstone Energy Transition Partners Acquires Alliance Technical Group

January 6, 2026

Environmental Services

Funds affiliated with Blackstone Energy Transition Partners and other Blackstone funds have acquired Alliance Technical Group (ATG), a Decatur, Alabama–based provider of environmental testing, monitoring and compliance services. ATG operates more than 60 offices and labs across the U.S. and Canada with over 2,200 employees; terms were not disclosed.

Pelican Energy Partners Acquires Stewart Tubular Products from Aterian Investment Partners

January 22, 2024

Oil & Gas

Pelican Energy Partners, an energy-focused private equity firm, has acquired Stewart Tubular Products, LLC from Aterian Investment Partners. Stewart, headquartered in Houston, Texas, is a precision manufacturer and provider of mission-critical threading services for downhole oil & gas components; Aterian had owned Stewart since 2016 and supported investments in equipment and ERP improvements. Pelican plans to continue supporting Stewart's growth as a supplier across the oil & gas value chain.

Pelican Energy Partners Acquires United Services Group

March 10, 2025

Energy

Houston-based private equity firm Pelican Energy Partners has acquired United Services Group, a Charlotte-based full-service welding, machining, and fabrication contractor serving utilities and power generators. The deal expands Pelican's portfolio in the energy services sector and will support USG's continued growth across nuclear, fossil, natural gas, solar, and petrochemical markets.

Analytical Technologies Group (ATG) Acquires NTS Laboratory Equipment

September 26, 2024

Healthcare Services

Analytical Technologies Group (ATG Service), a portfolio company of Reynolda Equity Partners, has acquired NTS Laboratory Equipment, Inc., an independent provider of service and maintenance for laboratory instruments with specialization in Genevac evaporation equipment. The acquisition expands ATG's US footprint and service capabilities, adding NTS' technical expertise and West Coast presence to ATG's existing service platform for biopharmaceutical, biotech and research customers.

Pelican Energy Partners Acquires Container Technologies Industries, LLC

January 8, 2024

Manufacturing

Houston-based private equity firm Pelican Energy Partners has acquired Container Technologies Industries, LLC (CTI), a Helenwood, Tennessee manufacturer of containment solutions for the nuclear industry, from a group of private (legacy) shareholders. In addition to a majority buyout, Pelican provided growth capital to expand CTI’s manufacturing capacity and has appointed Dr. Danielle Castley as President to lead capability expansion and serve DOE, DOD and commercial nuclear customers.

Akoya Capital Partners and Landon Capital Partners Acquire Trinity Technology Group

March 27, 2019

Manufacturing

Akoya Capital Partners and Landon Capital Partners, in partnership with current management, have acquired TTG, Inc. (Trinity Technology Group), a Higginsville, Missouri-based manufacturer of expanded polytetrafluoroethylene (ePTFE) membranes. The investors plan to support growth of TTG’s product lines and expand the company’s customer relationships and geographic footprint into new end markets such as apparel and electronics; Wintrust Bank provided senior debt for the transaction.